Event Overview

Stove Kraft Limited held its 27th Annual General Meeting (AGM) on 11 September 2026 through Video Conference (VC)/Other Audio-Visual Means (OAVM). The meeting commenced at 11:00 AM and concluded at 11:43 AM. The record date for determining shareholders entitled to vote was 04 September 2026, with 56,461 shareholders on record.

Voting Process and Scrutinizer Details

The company provided remote e-voting facility in compliance with Section 108 of the Companies Act, 2013 and Regulation 44 of SEBI Listing Regulations. Mr. Pramod SM, Partner of BMP & Co. LLP, Practising Company Secretaries (Membership No.: F7834), was appointed as scrutinizer for the voting process on 12 May 2026. He submitted his report dated 11 September 2026.

Attendance Details

  • Promoters and Promoter group attendees through video conferencing: 3
  • Public shareholders attendees through video conferencing: 46
  • Total number of resolutions: 10

Resolution Results Summary

All 10 resolutions set out in the notice were passed with requisite majority and deemed passed on 11 September 2026.

Resolution 1: Adoption of Financial Statements

  • Type: Ordinary Resolution
  • Description: To consider and adopt the Audited Financial Statements for the financial year ended 31 March 2026
  • Voting Results:
  • Total votes polled: 21,002,228 (63.4368% of outstanding shares)
  • Votes in favor: 21,002,226 (100% of votes polled)
  • Votes against: 2 (0% of votes polled)
  • Result: Passed

Resolution 2: Dividend Declaration

  • Type: Ordinary Resolution
  • Description: To declare Dividend of ₹3.50 per Equity Share of ₹10 each (35%) for FY ended 31 March 2026
  • Voting Results:
  • Total votes polled: 21,002,478 (63.4376% of outstanding shares)
  • Votes in favor: 21,002,476 (100% of votes polled)
  • Votes against: 2 (0% of votes polled)
  • Result: Passed

Resolution 3: Reappointment of Director

  • Type: Ordinary Resolution
  • Description: To appoint Mrs. Neha Gandhi, Executive Director, who retires by rotation
  • Voting Results:
  • Total votes polled: 21,002,478 (63.4376% of outstanding shares)
  • Votes in favor: 21,002,465 (99.9999% of votes polled)
  • Votes against: 13 (0.0001% of votes polled)
  • Result: Passed

Resolution 4: Reappointment of Auditors

  • Type: Ordinary Resolution
  • Description: To reappoint Price Waterhouse Chartered Accountants LLP (FRN: 012754N/N500016) as Statutory Auditors for five years
  • Voting Results:
  • Total votes polled: 21,002,478 (63.4376% of outstanding shares)
  • Votes in favor: 20,990,183 (99.9415% of votes polled)
  • Votes against: 12,295 (0.0585% of votes polled)
  • Result: Passed

Resolution 5: Ratification of Cost Auditors

  • Type: Ordinary Resolution
  • Description: To ratify remuneration payable to M/s. G S & Associates, Cost Accountants as Cost Auditors for FY2026-27
  • Voting Results:
  • Total votes polled: 21,002,228 (63.4368% of outstanding shares)
  • Votes in favor: 21,002,215 (99.9999% of votes polled)
  • Votes against: 13 (0.0001% of votes polled)
  • Result: Passed

Resolution 6: Modification to ESOP Plan 2018

  • Type: Special Resolution
  • Description: To consider and approve modifications to Stove Kraft Employee Stock Option Plan 2018
  • Voting Results:
  • Total votes polled: 21,002,478 (63.4376% of outstanding shares)
  • Votes in favor: 20,673,898 (98.4355% of votes polled)
  • Votes against: 328,580 (1.5645% of votes polled)
  • Result: Passed

Resolution 7: Reappointment of Independent Director

  • Type: Special Resolution
  • Description: To reappoint Mr. Anup Sanmukh Shah as an Independent Director
  • Voting Results:
  • Total votes polled: 21,002,478 (63.4376% of outstanding shares)
  • Votes in favor: 20,990,183 (99.9415% of votes polled)
  • Votes against: 12,295 (0.0585% of votes polled)
  • Result: Passed

Resolution 8: Reappointment of Executive Director

  • Type: Special Resolution
  • Description: To reappoint Mrs. Neha Gandhi as Executive Director for five years (Promoters interested)
  • Voting Results:
  • Total votes polled: 21,002,478 (63.4376% of outstanding shares)
  • Votes in favor: 21,002,461 (99.9999% of votes polled)
  • Votes against: 17 (0.0001% of votes polled)
  • Result: Passed

Resolution 9: Appointment of Non-Executive Director

  • Type: Ordinary Resolution
  • Description: To appoint Mr. Chandru Kalro as Non-Executive Non-Independent Director
  • Voting Results:
  • Total votes polled: 21,002,228 (63.4368% of outstanding shares)
  • Votes in favor: 20,989,845 (99.941% of votes polled)
  • Votes against: 12,383 (0.059% of votes polled)
  • Result: Passed

Resolution 10: Approval of Professional Fees

  • Type: Special Resolution
  • Description: To approve payment of professional fees to Mr. Chandru Kalro, Non-Executive Director
  • Voting Results:
  • Total votes polled: 21,002,228 (63.4368% of outstanding shares)
  • Votes in favor: 20,637,900 (98.2653% of votes polled)
  • Votes against: 364,328 (1.7347% of votes polled)
  • Result: Passed

Shareholding Pattern and Voting Participation

  • Promoter and Promoter Group: 18,469,116 shares (100% voted in favor across all resolutions)
  • Public Institutions: 3,510,872 shares (69.3929% participation rate)
  • Public Non-Institutions: 11,127,333 shares (0.87-0.8723% participation rate)

Scrutinizer's Report Details

The scrutinizer's report was prepared by Pramod SM of BMP & Co. LLP. The remote e-voting commenced on 08 September 2026 (9:00 AM) and ended on 10 September 2026 (5:00 PM IST). Votes were unblocked on 11 September 2026 at approximately 11:26 AM in the presence of two witnesses: Ms. Varsha Chopra and Ms. Kashiesh Chordia.